iShares S&P 500 Value ETF $IVE Shares Acquired by Encompass Wealth Advisors LLC

Encompass Wealth Advisors LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 170,493 shares of the company’s stock after buying an additional 3,113 shares during the period. iShares S&P 500 Value ETF comprises 12.0% of Encompass Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Encompass Wealth Advisors LLC owned approximately 0.08% of iShares S&P 500 Value ETF worth $35,209,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000. Harbor Asset Planning Inc. acquired a new stake in iShares S&P 500 Value ETF during the second quarter worth $30,000. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at $33,000. Ryan Investment Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $36,000. Finally, Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $37,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $214.78 on Tuesday. The firm has a market cap of $48.52 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm’s 50-day simple moving average is $210.77 and its 200-day simple moving average is $204.82. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $215.35.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.